Results for: colorado springs

DOLA launches new rental assistance website, awards $6.025M in affordable housing

FOR IMMEDIATE RELEASE Media Contact: Brett McPherson brett.mcpherson@state.co.us | 303-656-7464 Colorado Department of Local Affairs launches new rental assistance website, awards $6.025M in affordable housing Denver, CO – July 1, 2021 – The Colorado Department of Local Affairs (DOLA) Division of Housing (DOH) has published a new website to simplify obtaining emergency rental assistance as well as upcoming homeowner relief,...

List Price Just the Starting Point in Housing Markets Frenzied Madness of March

ENGLEWOOD, CO – April 12, 2021 – Approximately 60% of Colorado homes sold during the month of March received more than the original asking price as the frenzied buying market continues statewide, according to the latest research from the Colorado Association of REALTORS® (CAR) and the National Association of REALTORS®. Together with California, Colorado topped the madness of March list...

Sellers Entrenched in Driver’s Seat as Scarce Housing Inventory Pushes Offers, Concessions and Median Prices to All-Time Highs Statewide

Buyers required to have patience, persistence, grit…and cash ENGLEWOOD, CO – March 10, 2021 – Colorado home sellers remain firmly entrenched in the driver’s seat as the inventory of homes available for purchase dropped to all-time lows across the Denver metro area and state, according to the February 2021 housing data from the Colorado Association of REALTORS® (CAR). At the...

Meet Your 2021 CAR Leadership Council

The Colorado Association of REALTORS’® new leadership council has officially assumed their new roles as of December 1, 2020. CAR’s 2021 Chair, Robert Walkowicz, Broker Associate/Partner with the Group in Fort Collins, has extensive experience with the Colorado Association of REALTORS® dating back to 1994. In his new position, Walkowicz will serve as a conduit between CAR’s more than 27,700...

A Snapshot of the State’s October 2020 Housing Markets

October highlights for the Denver market include: The greatest 12-month-period price appreciation (21.3%) ever tracked by the Colorado Association of REALTORS®. There were 42% more single-family homes sold than the previous year, and 23% more new listings arrived to replace them, all while the median single-family price increased $32,000 in one month Taking a look at some of the state’s...

Buyers Impersonate Pac-Man Gobbling Up State’s Housing and Driving Active Inventory to a New Record Low

ENGLEWOOD, CO – Oct. 12, 2020 – Forty years after the release of the iconic Pac-Man video game, and a doubling of the state’s residential population to 5.8 million, Colorado house hunters have created their own version of the hungry, energy seeking video character, gobbling up available housing while frantically maneuvering through the residential market maze – all while trying...

Real Estate Scam Artist Warning

CAR has received several warnings about a scam artist working in several areas across the state posing as a high-profile buyer (specifically, requesting showings of million-dollar properties and horse properties). This scam artist has been known to provide fraudulent checks in large denominations to attempt access to properties prior to closing and has also succeeded in persuading buyer’s agents to...

May Delivers “Virtual Reality Reset”

Roar of record-setting pending sales reflect the opening up of restrictions and strong demand across Colorado’s housing markets Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – June 10, 2020 – Virtual tours, virtual open houses, sight unseen purchases, and virtual closings have helped shape a new reality for real estate transactions across the Denver metro area and state...

April’s Real Estate Pause Not Nearly as Bad As Feared; Cautious Optimism Prevails as Delayed Selling Season Kicks In

Marty Schechter for CAR 303-882-4585 cell                                                                                                     marty@schechterpr.com ENGLEWOOD, CO – May 12, 2020 – While the real estate universe paused with bated breath in April, the results of a complicated, pandemic-driven start to the typical buying and selling season weren’t nearly as bad as many in the industry feared, according to the latest monthly market data from the...

Department of Local Affairs Grants $9.5M for New Affordable Housing and Recovery-Oriented Housing, Allocates $3M in Housing Services for COVID-19 Relief

Denver, CO – April 27, 2020 – The Colorado Department of Local Affairs’ (DOLA) Division of Housing (DOH) awarded $9.5M through the Colorado State Housing Board (SHB) for affordable housing and 80 new recovery-oriented housing vouchers with $144,000 of support services in March and April, and received $3M to provide COVID-19 housing relief across Colorado. Governor Polis signed Executive Order...